Midday update for the GBPUSD 20-10-2021
Economies.com
2021-10-20 09:14AM UTC
The GBPUSD pair faces negative pressure to break 1.3795 level and moves below it, which urges caution from the upcoming trading, as holding below this level will stop the morning suggested positive scenario and press on the price to visit 1.3720 level before any new positive attempt, while the price needs to step above 1.3795 to resume the bullish track that its next target located at 1.3910.
The expected trading range for today is between 1.3750 support and 1.3900 resistance.
The expected trend for today: Bullish
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